Interest and Income Taxes Staggs Company has prepared its $2019$ statement of cash flows. In conjunction with this statement, it plans to disclose the interest and income taxes it paid during $2019.$ The following information is available from its $2019$ income statement and beginning and ending balance sheet: Income Statement Interest expense Income tax expense Interest payable Income taxes payable Bonds payable Premium on bonds payable Deferred taxes payable $$12,00035,000$ Balance Sheet Cr$.$ Bal. $12/31/18$ $$6005,00080,0009,0003,300$ Cr$.$ Bal. $12/31/19$ $$2,3003,00080,0008,1004,400$